Here's another article for you...click-here.
For those of you too lazy to read the gist is this: despite the steady appreciation in the yuan (China's currency) US lawmakers are threatening protectionist measures with the aim of forcing a accelerated yuan appreciation (and dollar depreciation). I especially like Chuck Schumer's comment, "We'll know appreciation is enough when we see it.''
Granted, this tough talk has been going on for a long time and nothing has resulted as of yet. The idea is to correct the imbalances that result in the US hemorrhaging jobs (outsourcing). The correction or dollar devaluation necessary to even make a dent would not be gradual or measured. Buy gold.
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